Just a heads-up for any traders out there. Easyjet seems to be bouncing back after its 20% fall during the week.

MM's seem to be walking the price up.

Right now we have EZJ Bid: 608.5p Offer: 609p Change: 11, was up 13 a few minutes back.

Trading update looks good on a first read http://www.moneyam.com/action/news/showArticle?id=5694299

EasyJet has swooped to acquire part of the collapsed Air Berlin's operations in Berlin's busiest airport for €40m. The budget airline has agreed to acquire leases for up to 25 Airbus A320 aeroplanes and offer jobs to each plane's flying crews and taking over other assets including much-coveted runway slots.

Oil price doing the damage here?

Brexit-weak £- higher oil prices of which only about 60% hedged. (bye bye as not for me this one)
On to hedging- I recently retired but have been in an international Jet fuel ,DPK and UK kero trading and broking job for approx 30 years and am dumbfounded when and if these airlines are ever going to employ some decent oil traders rather filling vacancies with a few inexperienced graduates? Answer : probably not, but do not ask me why considering the impact Jet fuel prices have on profitability

Descent through the clouds a bit steep!!!!

whacked by 5% this morning, though of course the markets remain in a pretty bearish mood anyway

however, with the demise of cobalt and the imminent collapse of flybe, one would have thought this to be good news for the stronger players, and especially those in this budget market

Getting sorely tempted now to press the buy button.

would be more tempted by this than TCG :-)

In a travel mood today :) Speedy Buying today.

EasyJet has submitted a revised bid for Italy's Alitalia as Europe's airlines prepare for a winter of consolidation amid rising fuel costs. Alitalia has been under special administration since last year after workers rejected a rescue plan. EasyJet, Lufthansa and Wizz Air have submitted previous submissions of interest. - Telegraph

EasyJet's profits soared more than 41% in the past 12 months but it sees potential for greater growth by expanding its holidays business. The budget airline reported headline profit before tax for year ending 30 September of £578m as revenues grew 17% to £5.9bn.

now down 5.5% after really good figures
that tells you plenty - ie bear market reaction

A government creating chaos and more chaos expected.

what on earth has your snipe got to do with the price of EZJ?

perhaps you haven't noticed that DOW has been in a downward spiral for the last week or more, and as they say, "when wall street sneezes, the whole world catches a cold"

Good trading stock now with usual suspects. Stay in EU (defacto) , Oil, Growth.

Buy with dips and sell the rally

EasyJet updated the market on its trading for the quarter ended 31 December on Tuesday, saying it delivered a "good performance", with robust customer demand driving passenger and ancillary revenue, which was in line with expectations. The FTSE 100 low-cost airline said total revenue in the first quarter increased by 13.7% to £1.296bn, with passenger revenue rising by 12.2% to £1.025bn and ancillary revenue improving 19.9% to £271m. Positive revenue performance was offset, as the board expected, by the impact from the prior year's one-off revenue benefits, the dilutive impact of flying at Berlin Tegel, and new accounting standards delaying the recognition of revenue.